Latest Project Updates
Rs.5150 Million New Consumer Products Mfg. Unit in Chengalpattu, Tamil Nadu
Executive Summary: A consumer products manufacturer intends to establish a new manufacturing unit near Chennai, Tamil Nadu, capable of producing 60 million pieces. The project's estimated cost is Rs. 5150 million, and by August 2023, the company has signed an MoU with the state government.
Rs.3500 Million New Sponge Iron Mfg. Plant in Thiruvallur, Tamil Nadu
Executive Summary: A Chennai-based firm plans to build a sponge iron manufacturing plant in Thiruvallur, Tamil Nadu. The project includes DRI kilns, induction furnaces, rolling mills, and power facilities to produce 300,000 TPA sponge iron for captive use and generate 600,000 TPA billets and 500,000 TPA rolled products. Estimated at Rs. 47.5 million, construction will occur from January to December 2025. The project awaits environmental clearance as of August 2023.
Rs.1280 Million New Blood Pressure Monitors Mfg. Project in Chennai, Tamil Nadu
Executive Summary: Healthcare innovation in Chennai: Advanced blood pressure monitor manufacturing with Rs.1280 million investment. Partnered with Mahindra Industrial Park for strategic growth. Pioneering technology for better health outcomes.
Rs.985 Million New Hospital Building Project in Thiruvallur, Tamilnadu
Executive Summary: A new hospital building construction project is planned in Thiruvallur, Tamilnadu. The project involves a hospital building with a total area of 44,923.88 square meters, comprising a basement, ground floor, and eight additional floors. The estimated cost is Rs. 985.15 million. Construction is scheduled to start in March 2025 and conclude in February 2026. As of June 2023, the project is under examination for environmental clearance by the State Level Environment Impact Assessment Authority.
Rs.997 Million EV Traction Motors Mfg. Expansion Project in Chennai, Tamil Nadu
Executive Summary: A company plans to expand EV traction motors manufacturing in Chennai, Tamil Nadu, increasing capacity to 600,000 units and adding 500,000 units of PCB Assembly by FY 2025, at an estimated cost of Rs. 997 million. Pre-project activities are underway as of July 2023.
Rs.251 Million New Rolling Mill Mfg. Project in Pudukkottai, Tamilnadu
Executive Summary: A company is set to begin a new rolling mill manufacturing project in Tamil Nadu, with a manufacturing capacity of 25200 MTPA of hot rolled bars. The estimated cost of the project is Rs. 251.03 million. Construction is scheduled to take place between February and July 2024, pending environmental clearance from the State Level Environment Impact Assessment Authority, which has already been submitted.
Rs.247 Million New Steel Rolling Mill Mfg. Project in Chengalpattu, Tamilnadu
Executive Summary: A company plans to initiate a steel rolling mill manufacturing project in Tamil Nadu, with a capacity of 20000 TPA of bright bars. The estimated cost of the project is Rs. 247.324 million, and construction is scheduled to take place between March 2024 and March 2029, pending environmental clearance from the State Level Environment Impact Assessment Authority, which has already been submitted.
Rs.524740 Million New Green Hydrogen Plant in Tamil Nadu
Executive Summary: A green hydrogen plant is planned in VOC Port, Tamil Nadu, India, with a green ammonia project. The project, costing Rs.524740 million, will be the first of its kind in the country. It aims to contribute to India's sustainable energy goals and create local job opportunities.
Rs.1450 Million New Gas Mfg. Plant in Ranipet, Tamil Nadu
Executive Summary: A new gas manufacturing plant in SIPCOT, Tamil Nadu, with a budget of Rs. 1450 million, will produce various medical, industrial, and specialty gases. The foundation stone was laid by the Tamil Nadu Chief Minister in July 2023.
Steel Melting Plant & Steel Rolling Mill Expansion Project in Erode, Tamil Nadu
Executive Summary: A steel company in Tamil Nadu plans to expand its steel melting plant and rolling mill to increase production capacity. The project includes upgrading induction furnaces, installing a reheating furnace, and producing 1,25,000 TPA of MS billets and 1,20,000 TPA of rods and structural components. Estimated cost: Rs. 350 million. Construction begins in August 2024, ending in October 2029. Environmental clearance sought as of July 2023.